Benefactor Is Sought For Wall Street Icon
One of the nation's symbols of capitalism has gone up on the auction block. Bidding starts at $5 million for the bronze statue of the "charging bull," a longtime fixture in a public square in Lower Manhattan, not far from the New York Stock Exchange.
But the new owner must agree to donate the 7,000-pound beast to New York City and allow it to remain where it is.
The 7,000-pound "charging bull" sculpture by Arturo Di Modica is up for bid, with a starting price of $5 million. There is one catch: The winner cannot move the artwork from its home near the New York Stock Exchange. Di Modica says the money will help him finance new projects.
(Mike Segar -- Reuters)
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"It would be extremely unusual in New York City for an artist to place an artwork in public and then ask for money so it can remain there," said Tom Eccles, director of the Public Art Fund, which commissions artwork for public spaces. "I was kind of shocked by the audacity of it."
The artist, Arturo Di Modica, said he needs the revenue to finance new art projects.
-- Michelle Garcia
